Sinyi Realty Balance Sheet Health
Financial Health criteria checks 6/6
Sinyi Realty has a total shareholder equity of NT$13.4B and total debt of NT$9.6B, which brings its debt-to-equity ratio to 71.6%. Its total assets and total liabilities are NT$31.7B and NT$18.4B respectively. Sinyi Realty's EBIT is NT$1.9B making its interest coverage ratio -22.3. It has cash and short-term investments of NT$6.4B.
Key information
71.6%
Debt to equity ratio
NT$9.56b
Debt
| Interest coverage ratio | -22.3x |
| Cash | NT$6.42b |
| Equity | NT$13.35b |
| Total liabilities | NT$18.35b |
| Total assets | NT$31.70b |
Financial Position Analysis
Short Term Liabilities: 9940's short term assets (NT$20.0B) exceed its short term liabilities (NT$5.6B).
Long Term Liabilities: 9940's short term assets (NT$20.0B) exceed its long term liabilities (NT$12.8B).
Debt to Equity History and Analysis
Debt Level: 9940's net debt to equity ratio (23.5%) is considered satisfactory.
Reducing Debt: 9940's debt to equity ratio has reduced from 97% to 71.6% over the past 5 years.
Debt Coverage: 9940's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 9940 earns more interest than it pays, so coverage of interest payments is not a concern.